Bendigo Bank launches 80,000 bonus Qantas Points offer
Article by Kelly Emmerton
Do you take your rewards point stash seriously? Plan your spending to maximise your points earn? Then we’ve got good news for you.
Bendigo Bank today launched a new bonus point offer giving rewards lovers the chance to bag 80,000 bonus Qantas Points when they spend $2,500 within 90 days of getting a new Qantas Platinum Mastercard.
The card also comes with a 19.99% purchase rate and a $149 annual fee. To bag the bonus points, spenders need to apply for a new Qantas Platinum Card before 31 October 2018. The offer is also available on the brand new Bendigo Bank Qantas Platinum Business mastercard.
According to Mozo Director Kirsty Lamont, a bonus points offer can be a great perk when applying for a new piece of plastic, but Aussie spenders should carefully consider the true value of those rewards first.
“For rewards lovers, the trick is to make sure the value of any rewards on offer - including points, cashback, complimentary insurances or other premium perks - outweighs the cost of an annual fee if there is one,” she said.
Mozo’s calculations show that the 80,000 bonus point stash on offer from Bendigo Bank could score a cardholder up to 10 free flights between Sydney and Melbourne, or close to $500 in gift cards.
Bendigo Bank isn’t the only one offering up incentives to credit card spenders. A number of bonus point offers have been released this month, and we’ve rounded them up here.
Citi added a few massive bonus point offers, allowing cardholders to bag up to 400,000 bonus points on the Prestige card, 300,000 on the Signature card and 200,000 bonus points on the Platinum card. Spenders earn a set amount of points each month they spend $1,000 on the card, for the first two years.
NAB added a cashback offer to its Low Rate Platinum card this month, so that spenders can earn $20 cashback each month that they spend $1,500 over the first year.
American Express boosted the bonus point offer on its Explorer credit card to a generous 75,000 bonus points when you apply online by 26 September 2018 and spend $3,000 on your Card within the first 3 months.
Qantas Money upped the bonus points available on its Qantas Premier Platinum card from 40,000 to 60,000. To snag this offer, you’ll need to spend $4,000 within 90 days of approval - and if you do that, you’ll also score a $300 Qantas Flight Voucher.
CommBank is now offering $200 cashback to cardholders who apply for either of its Low Rate or Low Rate Gold credit cards, when you spend $500 within 90 days of approval.
Or if you want to compare a wide range of rewards cards and find the piece of plastic perfect for your spending, head over to our Rewards Revealer tool.